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Operational Risk
Appointments Roundup: Metropolitan, Customers and MUFG Union Bank

Appointments Roundup: Metropolitan, Customers and MUFG Union Bank

This week’s top moves include new C-suite roles at NY-based Metropolitan and a new CEO at FHLBank Chicago
Digital Dollars and Pandemic Pressures

Digital Dollars and Pandemic Pressures

The digital evolution of banking in a post-COVID environment
Google Rolling Out US Digital Banking Platform

Google Rolling Out US Digital Banking Platform

Eight banks are said to have partnered with Google Pay to launch digital checking accounts from 2021
Bank Initiatives Promise to Address Inequalities

Bank Initiatives Promise to Address Inequalities

US Bank and Standard Chartered have pledged more than $1.2 million as banks continue to work on tackling racial inequality
Indiana, California Groups Invest in Tech to Boost Services

Indiana, California Groups Invest in Tech to Boost Services

A bank and credit union are seeking to enhance their digital offerings while also automating back-office services
Customers Bank to Sell Digital Arm BankMobile

Customers Bank to Sell Digital Arm BankMobile

Megalith Financial Acquisition Corp plans to take the ‘banking as a service’ provider public through a listing on NYSE
Banks ‘Must Embrace New Models to Survive’

Banks ‘Must Embrace New Models to Survive’

Forrester report says banks must choose between D2C, banking as a service, marketplace selling or platform models
Credit Card Volumes Fell as Pandemic Hit: ABA Data

Credit Card Volumes Fell as Pandemic Hit: ABA Data

Spending fell as the economy closed at the end of Q1 2020 and consumers sought to be “diligent” with debts
M&A Update: Bristol County Savings buys Freedom National

M&A Update: Bristol County Savings buys Freedom National

Plus: Provident Bank finalizes SB One acquisition, and Delmar Bancorp prepares for a rebrand after merger
What the Covid-19 Pandemic Means for Mortgage Defaults

What the Covid-19 Pandemic Means for Mortgage Defaults

Default rates have yet to reflect the economic impact of the pandemic, according to Milliman – but may not be as bad as expected
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